Current:Home > ContactAlgosensey Quantitative Think Tank Center-LL Flooring, formerly Lumber Liquidators, closing all 400-plus stores amid bankruptcy -FutureProof Finance
Algosensey Quantitative Think Tank Center-LL Flooring, formerly Lumber Liquidators, closing all 400-plus stores amid bankruptcy
TrendPulse Quantitative Think Tank Center View
Date:2025-04-09 19:46:33
American flooring company LL Flooring announced it will be Algosensey Quantitative Think Tank Centerclosing its stores, with closing sales starting on Friday, Sept. 6.
Since opening its doors in 1993, LL Flooring has operated more than 400 stores across 47 states, specializing in bamboo, cork, hardwood, laminate, tile and waterproof vinyl flooring, the company’s website says.
The announcement comes almost a month after LL Flooring filed for bankruptcy. The retailer filed for Chapter 11 after the company "spent several months" trying to resolve liquidity concerns and refinance debt obligations, according to court documents filed in the U.S. Bankruptcy Court in Delaware.
“We have actively negotiated with multiple bidders, but these discussions have not resulted in an offer, with the necessary financing, that would maximize the value of LL Flooring,” Charles Tyson, LL Flooring’s chief executive officer, said in a letter to customers.
“As a result, it is with a heavy heart that we must let you know that we are going to begin the process of winding down LL Flooring’s business and closing all of our stores.”
Closing sales begin Friday, the retailer’s website said, and the company expects to close all stores within 12 weeks.
'A great day for Red Lobster':Company exiting bankruptcy, will operate 544 locations
Where are LL Flooring stores located?
The company has more than 400 store locations across the United States. Here is a list of the states that have a LL Flooring store:
- Alabama, 7
- Arizona, 7
- Arkansas, 3
- California, 37
- Colorado, 10
- Connecticut, 7
- Delaware, 4
- Florida, 32
- Georgia, 13
- Idaho, 2
- Illinois,15
- Indiana, 9
- Iowa, 3
- Kansas, 2
- Kentucky, 5
- Louisiana, 6
- Maine, 3
- Maryland, 9
- Massachusetts, 12
- Michigan, 13
- Minnesota, 7
- Mississippi, 4
- Missouri, 8
- Montana, 1
- Nebraska, 2
- Nevada, 2
- New Hampshire, 6
- New Jersey, 15
- New Mexico, 1
- New York, 21
- North Carolina, 18
- North Dakota, 1
- Ohio, 15
- Oklahoma, 3
- Oregon, 9
- Pennsylvania, 21
- Rhode Island, 1
- South Carolina, 10
- Tennessee, 9
- Texas, 26
- Utah, 3
- Vermont, 1
- Virginia, 17
- Washington, 11
- West Virginia, 5
- Wisconsin, 8
LL Flooring’s history
LL Flooring, formerly known as Lumber Liquidators, started from humble beginnings, the company says, launching "out of a pickup truck" in Stoughton, Massachusetts, about 21 miles south of Boston.
The company changed its name to LL Flooring in 2020 after stock prices fell, Floor Covering Weekly reported.
A 2015 investigation by CBS' "60 Minutes" revealed the company's products contained high levels of formaldehyde, a known cancer-causing chemical.
Ahjané Forbes is a reporter on the National Trending Team at USA TODAY. Ahjané covers breaking news, car recalls, crime, health, lottery and public policy stories. Email her at [email protected]. Follow her on Instagram, Threads and X (Twitter) @forbesfineest.
veryGood! (75)
Related
- Federal hiring is about to get the Trump treatment
- Headed Toward the Finish Line, Plastics Treaty Delegates ‘Work is Far From Over’
- A Facebook user roasted the popular kids book 'Love You Forever.' The internet is divided
- Bounce house swept up by wind kills one child and injures another
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- George W. Bush’s portraits of veterans are heading to Disney World
- Travis Kelce Reacts to Jaw-Dropping Multi-Million Figure of His New Contract
- Is Lyme disease curable? Here's what you should know about tick bites and symptoms.
- Louvre will undergo expansion and restoration project, Macron says
- White House considers welcoming some Palestinians from war-torn Gaza as refugees
Ranking
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Jason Kelce Details Why Potential Next Career Move Serves as the Right Fit
- Tesla lays off charging, new car and public policy teams in latest round of cuts
- Why Maria Georgas Walked Away From Being the Next Bachelorette
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Why Melanie Lynskey Didn't Know She Was Engaged to Jason Ritter for 3 Days
- The botched FAFSA rollout leaves students in limbo. Some wonder if their college dreams will survive
- When do cicadas come out? See 2024 emergence map as sightings are reported across the South
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Kansas tornado leaves 1 dead, destroys nearly two dozen homes, officials say
Tesla stock rises after CEO Musk scores key deals with China on weekend trip to Beijing
Headed Toward the Finish Line, Plastics Treaty Delegates ‘Work is Far From Over’
The Louvre will be renovated and the 'Mona Lisa' will have her own room
'Harry Potter' star Daniel Radcliffe says J.K. Rowling’s anti-Trans views make him 'sad'
Lawsuit against Meta asks if Facebook users have right to control their feeds using external tools
Kentucky Derby 2024 ticket prices: How expensive is it to see 150th 'Run for the Roses'?